By 30 June, Pioneer expects to: o have shipped just over US$8 million worth of pollucite; and o applied US$4.8 million to repay the CabotSF Loan advanced in August 2018, with the balance to be paid to Pioneer in cash. Post June, additional cash from sales of around US$8 million is expected to be received by Pioneer from shipping the remaining pollucite.
PIO Price at posting:
1.5¢ Sentiment: None Disclosure: Held